Hey Toro

[Dr Grump]

Give us the latest on the US economy. Why's it going gangbusters, or are their some underlying cracks nobody is talking about? Ignoramuses like me want to know.

Tas

 

[sparky]

Federal Reserve Will Officially Start QE4 to Prevent Bank Meltdown: Analyst

happy '20 grump

~S~

 

[Picaro]

The tax cuts didn't spur any big rush in investments and startups, just an increase in hiring cheap labor in companies already vested. The big 'boom' is overseas money coming back. Watch P/E ratios start to rise, as all that influx of cash avoids risks in new businesses and chases things like stock buybacks and modest interest rates hikes on govt. bonds. Disposable income remains low in the real economy, wage hikes aren't nearly enough to cover inflation in the regions that are 'booming'.